Sunday’s shopping surge beats Black Friday to largest shopping day of the year December 8, 2020 In what will be seen as a big boost for retailers, this past weekend has beaten Black Friday to the current crown of busiest shopping day of the year so far. This follows data released by Barlcayard Payments, which processes nearly £1 in every £3 spent in the UK, revealing that this weekend was the [...]
Pocket money app GoHenry secures $40m in funding round December 8, 2020 Children’s bank account app GoHenry has raised $40m as it looks to fund its expansion in the UK and the US. The UK fintech firm, which was founded eight years ago, provides children as young as six with a pre-paid debit card and app that can be controlled and topped up by parents. The funding [...]
CMA launches probe into billionaire brothers’ takeover of Asda December 8, 2020 The UK’s competition regulator has launched its stage one probe into the billionaire Issa brothers’ takeover of supermarket Asda. Back in October the brothers, along with private equity group TDR Capital, agreed to buy the grocer from US giant Walmart for £6.8bn. At the time, Walmart said that it expected the deal to be subject [...]
Mind the gap: Study shows savers are 94% worse off than investors December 8, 2020 A substantial investment gap has opened up between those who opted to save and those who decided to invest over the last 10 years. According to a survey by online investment platform Charles Stanley Direct, those who save in cash accounts are on average 94 per cent worse off than their counterparts. For example, £10,000 [...]
Mark Zuckerberg ‘threatened to pull UK investment’ in meeting with Matt Hancock December 8, 2020 Mark Zuckerberg reportedly threatened to pull Facebook’s investment from the UK in a meeting with Matt Hancock amid a regulation row. Secret minutes from a meeting in 2018, obtained by the Bureau of Investigative Journalism, reveal Hancock, who was the Culture Secretary at the time, offered a “new beginning” for the government’s relationship with the [...]
UK signs post-Brexit trade deal with Norway and Iceland December 8, 2020 The UK just signed in London a post-Brexit rollover trade deal with Norway and Iceland. The agreement covers trade in goods, and ensures 95 per cent of goods trade with Norway and over 90 per cent with Iceland will remain tariff-free, providing businesses with certainty that they can continue to operate on the same terms [...]
The CMA sets out new regime for tech giants such as Google and Facebook December 8, 2020 The CMA sets out new regime for tech giants such as Google and Facebook
Hong Kong Racing Tips: Royal Racer the one for the King of the Valley December 8, 2020 YOU CAN guarantee that trainer Caspar Fownes eyes would have lit up when he heard there was a £20,000 prize up for grabs for gaining the most points in the International Jockeys Challenge on Wednesday. 53-year-old Fownes, the current runaway leader in the trainers’ title race with 31 winners – nine clear of his nearest [...]
Hong Kong Racing Tips: Doyle can end 2020 Smiling December 8, 2020 ENGLISH pilot Hollie Doyle is having a season which must have exceeded even her wildest expectations. The trailblazing jockey has enjoyed an unbelievable season, which has included a Royal Ascot winner, two Group 1 winners on British Champions Day and finishing fourth in the British Jockeys’ Championship. If that wasn’t enough, she won the Sunday [...]
Hong Kong Racing Tips: Valley punters will be Grateful Moore is back December 8, 2020 IT’S showtime at Happy Valley on Wednesday when the inner-city track hosts the International Jockeys’ Championship, a four-race format with £50,000 and trophy to the winning jockey. With a galaxy of star jockeys from around the world, including English contingent Tom Marquand, Hollie Doyle, Ryan Moore and William Buick, as well as local favourites Joao [...]
